The Micro, Small &Medium Enterprises (MSMEs)
in India have seen a vast development in the last five decades.
The MSMEs have registered tremendous growth as also progress
in terms of quality production, exports, innovation, product
development and import substitution, very much beyond the
expected objectives of setting up MSMEs by the planners of
industrial production base in the country. Entrepreneurial
efforts have made it possible to produce number of items,
which hitherto were imported. In quite a few cases new variants
so produced are having additional attributes than their original
versions and are capable of solving a multitude of user problems.
This all has become possible owing to the ambitions and visionary
spirit of entrepreneurs of MSMEs

OBJECTIVE

The ministry of Micro, Small and Medium Enterprises with a view to recognizing the efforts and contribution of MSMEs gives National Award annually to selected entrepreneurs and enterprises under the scheme of National Award.

PERIODICITY & ELIGIBILITY

The Awards are be given for every calendar year to deserving entrepreneurs of Micro, Small and Medium Enterprises having permanent registration/have filed Entrepreneurs Memorandum with the authorities notified by respective State Governments/UT Administration in accordance with the provisions contained in the Micro, Small and Medium Enterprises Development (MSMED) Act 2006, which came into force on 2 October 2006. The MSMEs should have been in continuous production/service for last four years. A brief details about the award schemes functioning under DC(MSME) is as below :

S No.

Category

Ist National Award (Cash
Prize Rs.1.00 lakh)

IInd National Award (Cash
Prize Rs.0.75 lakh)

IIIrd National Award (Cash
Prize Rs.0.50 lakh)

Special National Award for
women (Cash Prize Rs.1.00 lakh)

Special National Award to
SC/ST Entrepreneur (Cash Prize Rs.1.00 lakh)